Maersk Tankers Exits Gas Carrier Market, Sells Fleet to BW Group
(Bloomberg) — BW Group Ltd., the biggest owner of the largest liquefied petroleum gas carriers, will expand its fleet with ships valued at as much as
(Bloomberg) — BW Group Ltd., the biggest owner of the largest liquefied petroleum gas carriers, will expand its fleet with ships valued at as much as
The hopper dredger “Jean Ango” has been handed over to its owner, Dragages-Ports. The 1,500 m3 dredger was designed and built in Spain by
Farstad has just accepted delivery of the platform supply vessel Far Starling (STX PSV08 CD), recently built at Vard Vung Tau shipyard in Vietnam. A long-term
COPENHAGEN, May 29 (Reuters) – The oil unit of Danish oil and shipping group A.P. Moller-Maersk said one of its floating Gryphon oil production platforms
Update: A statement from West African Ventures has confirmed that one crew member, the cook, was found alive aboard the Jascon 4 by divers, which has capsized
Jurong Shipyard announced they have received a USD $596 million contract from Noble Corporation to build an ultra-high specification jack-up rig with option
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Forty-thousand alarm clocks buzzed as one, waking an equal number of workers for work at Daewoo Shipbuilding & Marine Engineering (DSME), the world’s
Singapore-based LPG shipper, Epic Pantheon International Gas Shipping Ltd. has contracted Sasaki Shipyard to build two 5,000cbm fully-pressurised LPG carriers.
The “keel laying”of Dana Petroleum’s new $400 million floating, storage, production and offloading vessel (FPSO) has commenced today, but
BEIJING, May 28 (Reuters) – Top state energy group China National Petroleum Company has completed six oil storage tanks on an island off western Myanmar
(Bloomberg) — Australia’s global share of new contracts for liquefied natural gas may drop to about 10 percent a year by 2025 as U.S. exports rise,
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ABUJA, May 28 (Reuters) – Armed pirates attacked an oil products tanker off the coast of Nigeria in West Africa and abducted an unknown number of crew,
(Bloomberg) — Golden Ocean Group Ltd., the owner of ships hauling coal and iron ore led by billionaire John Fredriksen, plans to curb long-term charters
Damage on the Royal Caribbean ship Grandeur of the Seas is pictured as the ship is docked in Freeport, Bahamas on Sunday, 27 May 2013. A fire broke out
(Bloomberg) — Saudi Arabian Oil Co. production rose to a record 9.51 million barrels a day of oil last year, the company said in its annual review.
Ship Finance International Limited (NYSE:SFL) announced late last week their plans to build four 8,700 TEU container vessels at a major shipyard in Korea.
Swiss power and automation group ABB has announced a $12 million order to supply electrical power and propulsion systems for a newly designed deepwater pipe
(Bloomberg) — Seadrill Ltd., the offshore drilling company controlled by billionaire John Fredriksen, climbed in Oslo as investors bet payments to
Golden Ocean Group Ltd has announced an agreement to buy two ice class Panamax vessel resales built at Pipavav Defence & Offshore Engineering Company.
May 27 (Bloomberg) — Australia may lose A$100 billion ($96.5 billion) of potential liquefied natural gas projects to East Africa and North America unless
GENEVA, May 24 (Reuters) – Angolan and Nigerian differentials were under pressure on Friday as some Asian refiners snubbed west African grades in favour
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“We do believe that both product and crude markets have turned the corner,” noted Nikolas P. Tsakos, President & Chief Executive Officer of
Nearly a year and a half after the Costa Concordia hit rocks in Giglio, killing 32 people and partially sinking along the coast of the small Mediterranean
Sevan Marine ASA signed an agreement today to sell the semi-completed Sevan hulls number 4 and 5 to Singapore-based Logitel Offshore, a newly formed company
(Bloomberg) — Golden Ocean Group Ltd., the dry bulk shipping group controlled by billionaire John Fredriksen, rose in Oslo as a strong balance sheet and
On February 17th of this year, the Harita Bauxite sank off Cape Balinao in the South China Sea. Of the twenty-four men aboard, only nine survived. The sea can
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